Property for Auction in Nadendla, Guntur, Andhra Pradesh
Auction ID:598514
Bank Name:Union Bank of India
Branch Name:Vijayawada
Reserve Price:₹4,26,00,000
EMD:₹42,60,000
Service Provider:BAANKNET
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 12:00 PM
This auction features a prime parcel of industrial land located in Nadendla, Guntur, Andhra Pradesh. Spanning a significant area, this plot is ideally suited for industrial development and expansion. The property is being auctioned by the Union Bank of India under SARFAESI provisions, offering a unique opportunity for investors and businesses looking to establish or enhance their industrial footprint in a rapidly developing region. The land is situated in a key industrial zone, providing excellent connectivity and access to essential resources.
State:Andhra Pradesh
City:Guntur
Area:Nadendla
Asset Category:Industrials
Union Bank of India presents an SARFAESI auction for industrial land in Nadendla, Guntur. The auction will take place on October 30, 2025, commencing at 12:00 PM and concluding at 05:00 PM. The reserve price for this valuable asset is INR 4,26,00,000, with an Earnest Money Deposit (EMD) of INR 42,60,000 required to participate. This is a compelling opportunity to acquire industrial land from a well-established bank, ideal for developers and industrial enterprises.
Borrower Name:M/s KASTURI COTTON GINNING & PRESSING MILLS PRIVATE LIMITED
Auction Type:SARFAESI Auction
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